The AB Global Risk Allocation Fund, Inc. - Class A (CABNX) is a mutual fund that aims to provide investors with a diversified portfolio of global assets while actively managing risk. This fund utilizes a strategic asset allocation approach, meaning it invests in a variety of asset classes such as stocks, bonds, and alternative investments, with the goal of achieving long-term growth while minimizing risk. The "Class A" designation indicates that this fund is available to individual investors and may have lower fees compared to other share classes. Overall, CABNX offers investors a balanced and dynamic investment option for their portfolio.